13 Best High-interest CDs and Savings Accounts Today: 6-month CDs Paying up to 4.50% APY
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The average interest rate paid by a savings account right now is
Today, the best financial institution for earning a competitive interest rate on an online high-yield savings account is Popular Direct, which pays
National brick-and-mortar banks typically pay lower interest rates on traditional savings accounts. For example, Wells Fargo pays
We've been checking over two dozen financial institutions to keep up with their new rate offerings. Our best savings accounts guide and best high-yield savings account guide can also be great starting points in your research — but if you prioritize finding the highest rates above all else, this list is for you.
Below, you'll find some of the best high-interest savings accounts, CDs, high-yield checking accounts, and money market accounts available. Our top picks have remained the same over the last few days because rates haven't changed significantly.
Best interest rates for savings accounts
Popular Direct High-Rise Savings
Why it stands out: You might like
Savings rate:
What to look out for:
Popular Direct only has savings accounts and CDs. Since there's no checking account, you won't be able to directly access money in your savings account. Instead, you'll need to transfer an external bank account, which could take a few business days to process.
Primis Savings Account - Product Name Only
Why it stands out: Primis Bank is a financial institution with branches in Maryland and Virginia. It offers an online savings account with a competitive interest rate. The
Savings rate:
What to look out for: The Primis Savings Account is an online-only account. If you would prefer to open an account at a Primis Bank branch, there are comparable bank accounts available.
MySavingsDirect Savings Account
Why it stands out: MySavingsDirect is an online division of Emigrant Bank. The
Savings rate:
What to look out for: The
Other online banks may have ATM or debit cards which permit direct access to money in a savings account.
Best interest rates for CDs
Capital One 360 CD - Product Name Only
Why it stands out: Capital One 360 CDs do not require an initial deposit and come in a variety of terms. Capital One has a special limited-time offer, where you could earn
Rate: The rates for Capital One 360 CDs are as follows:
- 6 months:
Capital One 6 Month 360 CD - APY APY - 9 months:
Capital One 9 Month 360 CD - APY APY - 11 months:
Capital One 11 Month 360 CD - APY APY - 1 year:
Capital One 1 Year 360 CD - APY APY - 18 months:
Capital One 18 Month 360 CD - APY APY - 2 years:
Capital One 2 Year 360 CD - APY APY - 30 months:
Capital One 30 Month 360 CD - APY APY - 3 years:
Capital One 3 Year 360 CD - APY APY - 4 years:
Capital One 4 Year 360 CD - APY APY - 5 years:
Capital One 5 Year 360 CD - APY APY
What to look out for: Capital One 360 doesn't have no-penalty CDs or bump-up CDs. If you're looking for these special types of CDs, you might prefer another online bank.
CFG Bank Certificate of Deposit
Why it stands out: CFG Bank CDs are a strong choice for a 1-year, 18-month, or 3-year CD. You only need
Rates: The rates for CFG Bank CDs are as follows:
1 year:
18 month:
3 year:
5 year:
What to look out for: CFG Bank doesn't have many CD terms to choose from — there are only 12-month, 18-month, 36-month, or 60-month CDs.
Connexus Credit Union Share Certificate - Product Name Only
Why it stands out: Connexus Credit Union has competitive interest rates on 1-year and 15-month share certificates. You also may like Connexus if you prefer banking with a credit union over a bank. You may become a member of the credit union by joining the Connexus Association with a $5 donation.
Rates: The rates for Connexus share certificates are as follows:
1 year: 4.51% APY
15 months:
2 years:
3 years:
4 years:
5 years:
What to look out for: The minimum opening deposit for a Connexus share certificate is
Popular Direct Certificate of Deposit
Why it stands out: Popular Direct offers some of the best high-interest CDs. Its 3-month and 6-month CDs, in particular, stand out for their competitive interest rates.
Rates: The rates for Popular Direct CDs are as follows:
3 months:
6 months:
1 year:
18 months:
2 year:
3 year:
4 year:
5 year:
What to look out for: The bank requires a high minimum deposit of
Best interest rates for checking
Consumers Credit Union Free Rewards Checking Account
Why it stands out: The
You'll get the most out of the account if you do the following:
- Earn
Consumers Credit Union Free Rewards Checking Account - Basic Requirements + $10k or LESS - APY APY if you have $10,000 or less when you sign up to receive eDocuments, make 12 monthly debit card purchases, and receive $500 in monthly direct deposits, mobile check deposits, or transfers from other banks - Earn
Consumers Credit Union Free Rewards Checking Account - $500 Spend + Basic Requirements + $10k or LESS - APY APY if you meet the requirements to earnConsumers Credit Union Free Rewards Checking Account - Basic Requirements + $10k or LESS - APY APY and spend $500 per month with your Consumers Credit Union Credit Card - Earn
Consumers Credit Union Free Rewards Checking Account - $1k Spend + Basic Requirements + $10k or LESS - APY APY if you meet the requirements to earnConsumers Credit Union Free Rewards Checking Account - Basic Requirements + $10k or LESS - APY APY and spend $1,000 per month with your Consumers Credit Card - Earn
Consumers Credit Union Free Rewards Checking Account - BETWEEN $10k and $25k - APY APY if you have an account balance between $10,000.01 and $25,000 when you receive eDocuments, make 12 monthly transactions, and receive $500 per month in direct deposits, mobile check deposits, or transfers from other banks - Earn
Consumers Credit Union Free Rewards Checking Account - ABOVE $25k - APY APY if you have an account balance over $25,000 when you receive eDocuments, make 12 monthly transactions, and receive $500 per month in direct deposits, mobile check deposits, or transfers from other banks
If you don't meet the requirements, you'll only earn
Rate:
What to look out for: Credit unions require membership to open accounts. To become a member, pay a one-time membership fee and open the
Juno Metal Checking Account
Why it stands out: Juno has a solid rewards checking account. The rate you'll earn will vary depending on your account balance. You can earn up to a 5% yearly bonus on the first $10,000 in your account, and 3% on balances from $10,0001 to $250,000. You'll also be able to earn 5% cash back when you shop at select retailers, and buy and sell cryptocurrency through Juno.
Rate:
What to look out for: Juno has two types of accounts: Basic and Metal. The main difference between the two accounts is that the
To qualify for Metal, you'll need to maintain a qualifying direct deposit of $250 or more per month or connect your Web3 Wallet so Juno can review your on-chain activity.
Primis Premium Checking - Product Name Only
Why it stands out: Similar to the
Rate:
What to look out for: Primis ATMs are primarily located near Primis branches. If you don't live in Maryland or Virginia, you'll have to use out-of-network ATMs. Primis doesn't charge ATM fees and will also provide reimbursements if you're charged by an out-of-network ATM provider. That said, you may have to wait until the business day your statement cycle ends to receive your ATM reimbursements.
Another thing to keep in mind is that
Best interest rates for money market accounts
CFG Bank High Yield Money Market Account - Product Name Only
Why it stands out: CFG Bank offers a high interest rate on a money market account. You may like the
Rate:
What to look out for: Usually money market accounts come with an ATM card, debit card, or paper checks. However, the
UFB Best Money Market Account
Why it stands out: You may like the
You'll earn a high interest rate on the account, but there's a
Rate:
What to look out for: If you don't think you can maintain at least $5,000 in your account to avoid the monthly service fee, there are other banks that have lower minimum balance requirements or no monthly service fees.
Keep in mind that UFB Direct only offers a high-yield savings account and a money market account. If you would also like to open a checking account or CD with the same institution, another bank may be a better fit.
U.S. Bank Elite Money Market Account - Product Name Only
Why it stands out: The
You could earn a blended APY of 1.07% APY (3.50% during the first three months of opening an account) if you maintain an account balance between $25,000 and $499,999.99. After the three-month period, you'll earn anywhere from 0.1% to 0.75% APY, depending on your account balance.
Rate:
What to look out for: The introductory bonus interest rate is not available for anyone who currently has a U.S. Bank savings or money market account or owned one in the last six months. You also won't be eligible for the bonus interest rate if you got another U.S. Bank bonus in the last six months.
The